Quadplex with Restaurant and Liquor License

103 E Main, Elk Point, SD 57025

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New

For Sale

$515,000

COMMERCIAL - Elk Point, SD

Lot size:

0.00 Acres

HighLights

4 rental units in a 1974‑built building
Restaurant unit rents for $1,500 per month (main floor)
Basement rents for $475 per month, and includes stoves and refrigerators and tables/chairs in the basement
Two additional apartments rent for $1,000 per month and $800 per month
Liquor license included with the investment property
Tenants pay their own utilities

We can help!

Listing Contact

Debra Wiemers

For Sale

$515,000

COMMERCIAL - Elk Point, SD

Lot size:

0.00 Acres

Added:: Jun 18, 2026
Days on Market:: 3
Last Refresh:: Jun 20 at 3:06 pm

Property Features for 103 E Main

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
APN: 03.01.04.1020
Lot size: 0.00 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: Lot 7 Blk 4 Orig EP City
Tax Annual Amount: 2318

Utilities

Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1974

We can help!

Listing Contact

Debra Wiemers

Listing agent Debra Wiemers

Listing office Dakota Realty 125 E Cherry, Vermillion, SD

Listing date Jun 18, 2026

MLS# 833460

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

4 rental units in a 1974‑built building
Restaurant unit rents for $1,500 per month (main floor)
Basement rents for $475 per month, and includes stoves and refrigerators and tables/chairs in the basement
Two additional apartments rent for $1,000 per month and $800 per month
Liquor license included with the investment property
Tenants pay their own utilities

Overview

This well-maintained income property offers four rental units within one building, including a main-floor restaurant and additional basement and apartment spaces. The seller notes that all stoves and refrigerators remain with the property, and tables and chairs are included for the basement. Reported rental income includes the main-floor restaurant at $1,500 per month, the basement unit at $475 per month, and two apartment units at $1,000 per month and $800 per month. The property also includes a liquor license.

Located at 103 E Main in Elk Point, South Dakota (Union County), the building is set up to support both food-and-beverage operations and residential leasing under the same roof. Tenants are described as paying their own utilities, which can simplify budgeting and help separate occupancy-related operating costs.

For buyers and operators seeking a small multi-unit arrangement with a restaurant component, the mix of unit types provides flexibility in day-to-day management. The inclusion of key appliances and basement furnishings may reduce start-up costs for an incoming operator or tenant, while the included liquor license supports continued restaurant use in the main-floor space.

Property Profile Location Intelligence

Current Use by Public Records

Spink Family Restaurant Restaurant Bump N Sams Bar & Pub

Suggested Use

Location Insight

Map
Local Demand

City: Elk Point
County: Union
State: South Dakota
Longitude: -96.6849256
Latitude: 42.6864843

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For sale
Quadplexes
SD
Elk Point
57025
103 E Main

What type of property is this?

Quadplex - Well-maintained four-unit building with an on-site restaurant and included liquor license, with tenants paying their own utilities.

Where is this quadplex located?

The property is located at 103 E Main Elk Point, SD.

What is the asking price?

The asking price for this property is $515,000.

What are key features of this property?

This property features: 4 rental units in a 1974‑built building; Restaurant unit rents for $1,500 per month (main floor); Basement rents for $475 per month, and includes stoves and refrigerators and tables/chairs in the basement

103 E Main, Elk Point, SD 57025

COMMERCIAL - Elk Point, SD

Property Features for 103 E Main

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Updated Apartment Complex

Turnkey Restaurant on Main Street

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